IN THIS EPISODE YOU’LL LEARN:
00:04:24 - How Dalio defines credit and debt.
00:08:55 - Why too much debt can be an issue for the global economy.
00:12:13 - The difference between the short-term and the long-term debt cycle.
00:13:02 - Why credit is the primary driver of our economy and leads to bubbles.
00:14:45 - How deflationary and inflationary delev ... Show More
Jul 12
TIP830: SpaceX (SPCX): Is It Really Worth $2 Trillion Dollars? w/ Kyle Grieve & Shawn O'Malley
In today's episode, Kyle Grieve and Shawn O’Malley analyze SpaceX's blockbuster 2026 IPO, dissecting the company's three segments: Space, Connectivity, and AI. They’ll also look at its history, moats, capital allocation, debt, and incentive structure. They’ll stress-test SpaceX's ... Show More
1h 13m
Jul 9
TIP829: Kaspi Stock ($KSPI): The Cheapest E-Commerce Monopoly in the World w/ Daniel Mahncke and Shawn O'Malley
Daniel Mahncke and Shawn O'Malley take a deep dive into Kaspi.kz (NASDAQ: KSPI), the Kazakhstani super-app that combines payments, e-commerce, and fintech into a single platform that most of the country uses every day. They unpack why its dominance at home has been so hard for co ... Show More
1h 28m
Jul 5
TIP828: Restoration Hardware (RH): Building a Luxury Empire From Scratch w/ Shawn O'Malley and Daniel Mahncke
Shawn O'Malley and Daniel Mahncke explore Restoration Hardware (ticker: RH). In this episode, you'll learn how RH was able to reinvent itself as a high-end furniture retailer, using opulent galleries, high-end dining, private yachts, and a membership model based on Amazon Prime a ... Show More
1h 8m
Jan 2025
Ray Dalio | The All-In Interview
(0:00) Ray Dalio joins Friedberg! (0:50) The current US fiscal situation (6:23) Breaking down "The Big Debt Cycle," a potential US debt spiral, and the impact on real wealth (24:54) USD vs other currencies and assets, best hedges against the dollar (33:20) Portfolio construction, ... Show More
1h 16m
Aug 2025
Introducing the Rachman Review: Is the US heading for a debt crisis?
This week on the Economics Show, we're bringing you an interview with Ray Dalio, from our foreign affairs podcast, the Rachman Review. It originally broadcast on July 3.Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a ne ... Show More
24m 3s
Oct 2023
Ray Dalio - Risk, Return, and Asset Allocation
<p>Navigating the complex world of wealth creation and financial history can be daunting. That's why our guest, Ray Dalio, places a strong emphasis on understanding the evolution of wealth, the current economic landscape, and the patterns that govern financial markets.</p> <p> </ ... Show More
59m 46s
Jun 2024
The Changing World Order & the Power of Diversification — ft. Ray Dalio
Ray Dalio, founder of the largest hedge fund in the world, Bridgewater Associates, joins the show to break down America’s place in a shifting world order. He discusses the mechanics of the U.S. deficit, and identifies an asset he’d go long on to hedge against economically uncerta ... Show More
46m 41s